Word: loans
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Dates: during 1950-1959
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...Loan policies in the other Graduate Schools differ widely. According to John U. Munro '34, Director of Financial Aid at the College and administrator of a University-wide loan fund, a School usually builds its policy around the expected ability of its students to repay after graduation...
...people know about her, but the Museum will remain as a testimony to the influence of her personality of Boston, for in her will, Mrs. Jack insisted that nothing in the Museum be changed. If anything is added (a new water fountain stirred anxiety among some), anything removed for loan to an exhibition, or anything is subtracted, the entire building and all its contents go to Harvard on the provision that everything be sent to Paris and auctioned. The proceeds would be used for scholarships...
With authority under state law. the P.U.D. tried to buy up both federal and private systems. After absorbing the federal lines, it took out a capital-raising loan on them which added $51.000 a year in interest alone to the taxpayers' debt-and helped erase the P.U.D.'s competitive edge. By 1954. when Washington Water Power's 2.983 predominantly municipal customers were paying only 1.35? per kwh, the P.U.D.'s 2.300 predominantly rural customers were paying a rate...
...wealth, it is the actuality of wealth," former Metropolitan Art Museum Director Francis Henry Taylor once pointed out. And as an investment, most collectors have found art to be right on a par with the bluest chip stocks. Vermeer's Portrait of a Young Girl, recently on loan to Manhattan's Metropolitan Museum, cost $350,000; judged as real estate, it is worth $1,252 per sq. in. (v. $2.10 per sq. in. for the House of Morgan's Wall Street terrain). A Cezanne that could be bought for about $100 when it was first shown...
Together with the tuition increase, Teele formally announced a change in the school's financial aid program. Whereas students in he past had to show financial need in their families before receiving a loan, all students may now receive grants irrespective of their families' resources...